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Class A Retail Suites in Mixed-Use
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3737 Farnam St, Omaha, NE 68131

Class A first-floor retail space offers move-in-ready restaurant bays and up to 18,000 SF within a new mixed-use project.

Property Size3,058 SF
Days on Market1136

Property Features for 3737 Farnam St

General Information

Standard status Active
Size 3,058 SF
Class Class A
Total Parking Spaces 365
Property subtype RETAIL
Lease Type SF/yr

Additional Details

Multifamily Units 162

Building Details

Stories 9
Tenancy Multi
Listing Agency: OMNE Partners
Listed By: Anna Goeschel · License #20160893
Source: Moodyscre
Added: Jun 21, 2023 Changed: Jul 25 Last Checked: Jul 30 at 12:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of OMNE Partners

Investment Insights

Based on property information with market context.

This Class A mixed-use development includes 9 stories with 162 apartment units, along with a dedicated retail component and an onsite parking garage. A total of approximately 18,000 SF of first-floor retail space is available, delivered with four pre-designed restaurant spaces and five bays as move-in-ready retail suites.

The retail bays are described as ideal 50' deep, designed to support flexibility in floor planning. The project also includes an onsite parking garage with 365 stalls, with Levels 1–4 open to the public.

Completion is targeted for Fall 2024. The development is noted as being on a future Omaha Streetcar route.

Key Highlights

  • Up to 18,000 SF of 1st‑floor retail space available for a variety of uses in a Class A mixed‑use development
  • 5 bays delivered as move‑in‑ready retail suites, including 4 pre‑designed restaurant spaces
  • Ideal 50' deep bays designed for flexible floor plans

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Catering Service Florist Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

162
Residential units
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$5.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,956
Businesses Nearby

Demographics for 68131, NE

13,609
Population
7,861
Households
1.7
Avg Household Size
29
Median Age
46%
College-Educated
91%
High-School Grad
2.1 sq mi
ZIP Area
6,480
Density / Sq Mi
$47,800
Median Household Income
$30,808
Median Earnings
$1,081
Median Rent
$224,500
Median Home Value

Market

Lease Benchmarks for Omaha, NE

$34.49 /SF/Yr
Avg Asking Price
$8.95–$579 /SF/Yr
Price Range
8,607 SF
Avg Space Size

This space is priced 1% below the average of $34.49 /SF/Yr.

Vacancy Rate% for Retail in Omaha, NE

7.6% 2019
10.2% 2020
8.7% 2021
7.1% 2022
6.1% 2023
6.1% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Class A first-floor retail space offers move-in-ready restaurant bays and up to 18,000 SF within a new mixed-use project.
Where is this retail space located?
The property is located at 3737 Farnam St Omaha, NE.
What is the lease rate?
The lease rate is $34 SF/Yr.
What are key features of this property?
This property features: Up to 18,000 SF of 1st‑floor retail space available for a variety of uses in a Class A mixed‑use development; 5 bays delivered as move‑in‑ready retail suites, including 4 pre‑designed restaurant spaces; Ideal 50' deep bays designed for flexible floor plans
(402) 210-8170 Call to check price and availability
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